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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Gross Margin % : 23.95% (As of Mar. 2024)


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What is Wal - Mart de MexicoB de CV Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Wal - Mart de MexicoB de CV's Gross Profit for the three months ended in Mar. 2024 was $3,264 Mil. Wal - Mart de MexicoB de CV's Revenue for the three months ended in Mar. 2024 was $13,629 Mil. Therefore, Wal - Mart de MexicoB de CV's Gross Margin % for the quarter that ended in Mar. 2024 was 23.95%.


The historical rank and industry rank for Wal - Mart de MexicoB de CV's Gross Margin % or its related term are showing as below:

WMMVF' s Gross Margin % Range Over the Past 10 Years
Min: 21.56   Med: 22.86   Max: 23.76
Current: 23.76


During the past 13 years, the highest Gross Margin % of Wal - Mart de MexicoB de CV was 23.76%. The lowest was 21.56%. And the median was 22.86%.

WMMVF's Gross Margin % is ranked better than
54.02% of 311 companies
in the Retail - Defensive industry
Industry Median: 22.74 vs WMMVF: 23.76

Wal - Mart de MexicoB de CV had a gross margin of 23.95% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Wal - Mart de MexicoB de CV was 0.70% per year.


Wal - Mart de MexicoB de CV Gross Margin % Historical Data

The historical data trend for Wal - Mart de MexicoB de CV's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wal - Mart de MexicoB de CV Gross Margin % Chart

Wal - Mart de MexicoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.82 23.02 23.26 23.28 23.68

Wal - Mart de MexicoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.62 23.31 24.39 23.46 23.95

Competitive Comparison of Wal - Mart de MexicoB de CV's Gross Margin %

For the Discount Stores subindustry, Wal - Mart de MexicoB de CV's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wal - Mart de MexicoB de CV's Gross Margin % Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Wal - Mart de MexicoB de CV's Gross Margin % falls into.



Wal - Mart de MexicoB de CV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Wal - Mart de MexicoB de CV's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=12358.4 / 52181.388
=(Revenue - Cost of Goods Sold) / Revenue
=(52181.388 - 39822.964) / 52181.388
=23.68 %

Wal - Mart de MexicoB de CV's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=3263.9 / 13629.196
=(Revenue - Cost of Goods Sold) / Revenue
=(13629.196 - 10365.301) / 13629.196
=23.95 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Wal - Mart de MexicoB de CV  (OTCPK:WMMVF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Wal - Mart de MexicoB de CV had a gross margin of 23.95% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Wal - Mart de MexicoB de CV Gross Margin % Related Terms

Thank you for viewing the detailed overview of Wal - Mart de MexicoB de CV's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.

Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Headlines

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